Director of Global Compensation

Job Description:

Remitly's vision is to transform lives with trusted financial services that transcend borders. Since 2011, we have been tirelessly delivering on our promises to people who send money around the world. Today, we are reimagining global financial services and building products that extend beyond traditional barriers to give customers access to more of the services they need, no matter where they call home. Join over 2,700 employees worldwide who are growing their careers with purpose and connection with our customers while having a positive impact on millions of people around the globe.

About the Role:

Remitly is looking for an experienced Director of Global Compensation who brings a true passion for compensation design and administration. You will play a key role in developing and implementing compensation strategies and programs to attract, retain, and motivate our employees. You will lead a team of compensation professionals and provide expertise and strategic direction as well as be hands-on in the execution of programs and projects. This role is a hybrid role requiring 2-3 days a week in our Seattle, WA headquarters and will report to the Vice President of Total Rewards.

You Will:

• Ensure compensation strategy continues to align with the organization's objectives and industry best practices.
• Analyze market trends, compensation surveys, and competitive data to determine appropriate compensation structures and ensure the organization's competitiveness in attracting and retaining top talent.
• Collaborate to establish compensation budgets and guidelines for the organization.
• Manage the design and implementation of our performance-based compensation programs, including base pay and equity.
• Conduct job evaluations and pay analyses to ensure internal equity and consistency in compensation practices.
• Stay up to date with evolving regulations and laws related to compensation, ensuring compliance in all compensation practices.
• Analyze compensation data and metrics to identify trends, issues, and areas for improvement.
• Provide recommendations for adjustments or enhancements to compensation plans based on data-driven insights and industry practices.
• Lead and manage a team of compensation professionals, providing guidance, coaching, and development opportunities.
• Collaborate with stakeholders, including HR, finance, legal, and senior leadership, to ensure the alignment of compensation practices with the organization's goals and objectives.
• Develop and deliver clear and concise training and communication related to compensation programs, policies, and changes.
• Prepare and present compensation-related reports and recommendations to senior leadership and executive teams.

You Have:

• Bachelor's degree in Human Resources, Business Administration, Finance, or equivalent experience.
• 10+ years of experience in compensation program design, benchmarking, and analysis and 4+ years of experience leading a team of compensation professionals.
• Strong knowledge of compensation theories, best practices, and relevant regulations.
• Proven experience in developing and implementing compensation strategies aligned with organizational goals.
• Interest and experience in being both strategic and executional.
• Motivated by complexity and challenges; you are energized by growth and scale in an evolving environment.
• Exceptional analytical and quantitative skills with the ability to interpret complex data and make data-driven recommendations.
• Strong leadership and people management skills, with the ability to inspire and develop a high-performing team.

Compensation Details. The starting base salary range for this position is typically $172,000-$215,000. In the U.S., Remitly employees are shareholders in our Company and equity is part of our total compensation plan. Your recruiter can share more information about medical benefits offered, as well as other financial benefits and total compensation components offered with this role.

#LI-Hybrid

Our Benefits:

• Flexible paid time off
• Health, dental, and vision + 401k plan with company matching
• Paid parental, medical, military and family care leave
• Mental Health & Family Forming Benefits
• Employee Stock Purchase Plan (ESPP)
• Continuing education and travel benefits

We are committed to nondiscrimination across our global organization and in all of our business operations. Employment is determined based upon personal capabilities and qualifications without discrimination on the basis of race, creed, color, religion, sex, gender identification and expression, marital status, military status or status as an honorably discharge/veteran, pregnancy (including a woman's potential to get pregnant, pregnancy-related conditions, and childbearing), sexual orientation, age (40 and over), national origin, ancestry, citizenship or immigration status, physical, mental, or sensory disability (including the use of a trained dog guide or service animal), HIV/AIDS or hepatitis C status, genetic information, status as an actual or perceived victim of domestic violence, sexual assault, or stalking, or any other protected class as established by law.

Remitly is an E-Verify Employer

Remitly is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.